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Property disputes weekly: case law on secured lending, insolvency, forfeiture, covenants, remedies and residential tenancies, plus enforcement, CPR and practice updates (England and Wales)

Published on: 17 April 2025

Published by a LexisNexis Property Disputes expert
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Enforcing security and property insolvency

The treatment of principal secured debt under a mental health crisis moratorium (Seculink Ltd v Forbes)

In Seculink Ltd v Forbes [2025] EWHC 524 (Ch), the High Court explained how the principal amount of a secured debt is dealt with during a mental health crisis moratorium (MHCM) under the Debt Respite Scheme (Breathing Space Moratorium and Mental Health Crisis Moratorium) (England and Wales) Regulations 2020, SI 2020/1311. The court confirmed that the principal of a secured debt does not constitute a ‘qualifying debt’ for the purposes of the Regulations, meaning secured creditors may enforce recovery of that principal during an MHCM. The court also addressed interest on the principal through the MHCM and held that, because it is not a ‘moratorium debt’ under the Regulations, interest continues to accrue and is recoverable from the debtor by the creditor...

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